Home / Sure Global Tech Co. / 2023 Annual Results

Sure Global Tech Co. 2023 Annual Results

Revenue

SAR 194M

Net Profit

SAR 29M

EPS

SAR 3.73

Operating Cash Flow

SAR 27M

Sure Global Tech Co. (9550) reported full year 2023 revenue of SAR 194M, up 24.3% from SAR 156M in 2022. Net profit came in at SAR 29M, up 16.3% year on year. Earnings per share were SAR 3.73. The company generated SAR 27M in operating cash flow. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Earnings Quality

Of every SAR 1.00 in reported net profit, SAR 0.95 arrived as operating cash flow — indicating High quality earnings with a cash conversion ratio of 0.95.

Key Financial Metrics

Metric	2023	2022
Revenue	SAR 194M	SAR 156M
Net Profit	SAR 29M	SAR 25M
Gross Profit		SAR 51M
Net Margin	14.8%	15.8%
ROE	25.1%	25.7%
EPS	SAR 3.73
Total Assets	SAR 156M	SAR 132M
Total Equity	SAR 114M	SAR 96M
Total Liabilities	SAR 41M
Operating Cash Flow	SAR 27M

Year on Year Comparison

Revenue increased by 24.3% compared to 2022. Net profit increased by 16.3%. Both revenue and profit grew — indicating expanding business.

View full company profile →

View all years:

2024 2023 2022 2021 2020

Financial data sourced from CMA-mandated XBRL filings published on the Saudi Exchange (Tadawul). Data processed and structured by Sahm Screener (sahmscreener.com). Updated nightly. Last updated: 2024-03-28.